Thursday, February 26, 2009
Another one bites the dust
ONE of Yorkshire's biggest property developers has gone into administration, blaming "continued difficulties" in the financial sector. KW Linfoot, the firm behind the mothballed Leeds Lumiere which was to be the tallest residential skyscraper in Europe, claimed that banks had "effectively strangled" the business and denied it any opportunity to trade through the downturn. He was one of the pioneers of city living but Kevin Linfoot's multi-million pound empire is now in ruins.